1413 Lombard St - Apartments FOR SALE


Philadelphia, PA 19146- Avenue Of The Arts South
$950,000 USD
215-805-8620
1413 Lombard St, Philadelphia, PA for Sale
$950,000 USD
Apartments - FOR SALE
1/23
null | 5.67% Cap Rate

1413 Lombard St
Philadelphia, PA 19146
Avenue Of The Arts South


OVERVIEW

OCF Realty Commercial is proud to present this outstanding 4-unit apartment building in the heart of Center City, right off the Avenue of the Arts! The building consists of two Studios, one 1-bedroom, and one 2-bedroom. This great building is excellently located, within walking distance of all the outstanding restaurants, theatres, retail, recreational, and historical venues Center City Philadelphia has to offer. This location also has excellent access to transit via the Broad Street Line subway and multiple bus lines. Now’s the time to invest in this part of Center City- a luxury condo skyscraper is planned across the street and the Avenue of the Arts will be seeing lots of new action over the next few years as the former University of the Arts and Peirce College buildings are redeveloped. This building offers an opportunity to be an owner-occupant landlord and/or value-add the units for additional rental income.

FOR SALE DETAILS

PRICE

$950,000 USD

PRICE/SF

$361 USD /SF

# OF UNITS

4

PRICE/UNIT

$237,500

CAP RATE

5.67%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Great Center City Quadplex!

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1850

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.03 AC

LAND SF

1,394 SF

ZONING

RM-1

APN/PARCEL ID

081128500

ASK ABOUT THIS PROPERTY

Dennis CarlisleOCF Realty LLCMore Info
215-805-8620

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Dennis CarlisleOCF Realty LLCMore Info
215-805-8620

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.